AirMoney’s Degn Device: Revolutionizing Web3 Experience

AirMoney presented its ground-breaking AirMoney Degn Device at TOKEN2049 in Singapore. This Web3 hardware solution is designed for Decentralized Physical Infrastructure Networks (DePIN), offering a decentralized platform for staking, trading, and gaming. The device goes beyond traditional hardware wallets, allowing users to interact with Web3 protocols in a fully decentralized ecosystem. It features top-tier security with Web3Auth’s MPC technology, ensuring the protection of user assets.

The AirMoney Degn Device redefines the role of hardware wallets by enabling users to operate nodes and earn tokens through Proof of Activity. Each device comes with a built-in node that connects to the network, allowing users to earn tokens by engaging with various decentralized applications (dApps). This shift transforms hardware wallets into dynamic tools that empower users with complete control over their cryptocurrency experience.

A New Level of Functionality for Web3 Users

The device facilitates easy access to decentralized services and applications through collaborations with leading blockchain and dApp providers. Users can trade on Bybit’s spot and perpetual futures platform, adjust leverage with a dedicated lever, and utilize AI-powered tools like Synesis One’s data-labeling dApp and Workspace. The integration offers a wide range of cryptocurrency utilities accessible through a decentralized app store. Notable features include an OLED-powered UI for seamless transactions and dApp interactions, enhancing the overall cryptocurrency experience. Security is paramount, with the incorporation of Web3Auth’s Multi-Party Computation (MPC) technology, which enhances security by distributing private keys across multiple locations to mitigate single points of failure. The device comes pre-loaded with native coins, enabling users to participate in decentralized finance (DeFi) and grow their holdings through PoA distribution as the network expands.